MBS trading resumed at a measured pace in January, but for now uncertainty rules the roost. The FOMC meets next month. Strap in that seat belt.

Still some milk left in the EBO cow? As Jay Bray of Mr. Cooper put it: “With forbearance programs winding down, the EBO opportunity is rapidly diminishing.”

The GSEs combined netted $7.93 billion in fourth-quarter profits on $13.21 billion in net revenue while shrinking their retained mortgage portfolios by $4.45 billion. (Includes data chart.)

Acting Comptroller of the Currency Michael Hsu said the OCC will continue to ensure banks are not used as a vehicle for "rent-a-charter" arrangements.

Ginnie Mae has added a “green status” field to its multifamily MBS disclosures, its first environmental, social and governance disclosure in the multifamily space.

For the full year, the wholesale channel accounted for 15.0% of originations, correspondent 21.6%...

Based on trends from prior years, roughly $25.0 billion of mortgages above the 2021 conforming loan limit would have been expected to be delivered to Fannie and Freddie in January...

Warehouse finance was a great business to be in the past two years. But with rates rising and primary market originations slipping, all bets are off. The spring homebuying season should bring some relief. (Includes data chart.)

Roughly 85% of the loans are 30-year FRMs...

At one point, Selitto was Better's president, a title now held on an interim basis by CFO Kevin Ryan.